Economy 2 - Indonesia at Melbourne

Talking Indonesia: energy transition

In the recent national elections, the candidates paid surprisingly little attention to one of the greatest challenges Indonesia and the world at large is currently facing – that of climate change. What are Indonesia’s stated commitments and ambitions towards an energy transition away from fossil fuels? Does it have a plan to get there? And what will it take?

No such thing as a free lunch: counting the cost of Prabowo’s ‘free food’ program

Economy, Policy in Focus, Public health

Unofficial counts from Indonesia’s presidential election on 14 February suggest a comfortable victory for Prabowo Subianto. He brought a populist policy agenda to the table that appealed to Indonesia’s poor voters. Free food or makan gratis became a flagship program that Prabowo repeatedly promoted throughout the campaign. But just how feasible is this program?

https://www.flickr.com/photos/djou/6521912409

Talking Indonesia: big business

Economy

Over the past two decades, Indonesia’s biggest conglomerates have emerged not just as domestic oligarchs but increasingly as regional players. To help us understand how Indonesian big business has transformed Indonesia and is now reshaping our region, Jacqui Baker chats with Faris Al Fadhat, Senior Lecturer in the Department of International Relations at the Muhammadiyah University Yogyakarta.

https://flickr.com/photos/asiandevelopmentbank/14454539704/

Unpacking Indonesia’s Just Energy Transition Roadmap

Economy, Environment, Policy in Focus

As part of its obligations under the Just Energy Transition Partnership, Indonesia released a Comprehensive Investment and Policy Plan that details a roadmap for reaching peak emissions in 2030 and becoming net zero by 2050. It was written with an eye toward making Indonesia’s renewable energy sector more attractive to private capital. But is it politically feasible?

https://www.antaranews.com/foto/3778404/presiden-jokowi-disambut-upacara-kenegaraan-di-china/2

How green is China’s Belt and Road investment in Indonesia?

Economy, Foreign Policy, Uncategorized

Indonesian President Joko Widodo met with Chinese President Xi Xinping on the sidelines of the 5th Belt and Road Initiative (BRI) Summit in Hong Kong on 17 October. They announced a unveiled a host of new investment deals focused on green development. But how green is Chinese investment, really?

Indonesian tycoons: donation strategy for the 2024 election

2024 Indonesian Elections, Economy, Political parties

There are no official statistics on the cost of presidential campaigns in Indonesia but official campaign reports are far below informed estimates. For Indonesia's business tycoons, political donations might be the most important investment decisions they make over the next five years.

Indonesia’s nickel export ban: is it really in the national interest?

Economy, Law, Natural Resources

In August, President Widodo called for an end to trade discrimination at the 15th annual BRICS Summit. It was a thinly veiled criticism of the World Trade Organisation and its ruling against Indonesia’s ban on nickel exports. So what's the problem with Indonesia's nickel export ban? And what does do the WTO ruling mean for the future of Indonesian nickel?

Are venture capitalists sowing the seeds of Indonesia’s future?

Economy

In recent years, Indonesia has emerged as a hotspot for innovation and entrepreneurship. As Southeast Asia's largest economy and a nation teeming with young, tech-savvy entrepreneurs, Indonesia is now a compelling market for a new form of investment – venture capital. Dr Raden Aswin Raden Wahadi takes a look at the importance of venture capital for the development of the startup ecosystem in Indonesia.

https://en.antaranews.com/news/289623/president-jokowi-scheduled-to-attend-universiade-chengdu-opening

Jokowi’s China visit - new deals, old problems

Economy, Foreign Policy, Security

Indonesia President Joko “Jokowi” Widodo completed his sixth official visit to China last week. The recent Chengdu visit serves as a reminder of just how far Indonesia-China relations have come under the ten years of the Indonesia-China Comprehensive Economic Partnership and Jokowi’s tenure as President.

Posted in: Economy